Regulation
Bullish
US Treasury withdraws proposed crypto wallet and mixer reporting rules
The US Treasury, via FinCEN, has withdrawn two proposed crypto surveillance rules.
- FinCEN withdrew two proposed crypto surveillance rules first published in 2020 and 2023.
- The 2023 mixer proposal targeted crypto mixing as a primary foreign money laundering concern.
- The withdrawals eliminate proposed expanded reporting duties for banks and money services businesses.
GHO
+0.0%
AAVE
+1.6%
FORM
−1.7%
LIT
+6.7%
SPK
−2.0%
COMP
−1.8%
GENIUS
+2.8%
